Quote from: iv4n on Today at 07:29:54 AM

Quote from: gabbie2010 on October 12, 2020, 04:39:38 PM

Quote from: DashingAgent on October 11, 2020, 05:07:51 AM

My speculation regarding Bitcoin will hit...

My speculation regarding Bitcoin that it will hit $1800 in near future, I don't know when but it can touch to this line in the bottom, what do you think?

I believed the value you speculated was $18,000 not $1,800 It would have been better if you back up your speculation with some proofs in form of charting analysis this will bring some sort of validation to your speculation else everyone will take your speculation with a pinch of salt, although the price of bitcoin had seen a remarkable upsurge in the last couples of days, however this is not a justification to predict it reaching that value a major correction or pullback might take place thus resulting in dump to a support.

It probably was a typo, we are closer to $18k than to $1800! Arguments can be found everywhere around, corporations are getting into bitcoin, many new people join the movement! Something big should happen, in the wrong way, to push the price under $10k! What could that be? Some massive selloff? But why would that happen, things looks positive for some time, why to sell now when we are so close to $12k?
I know that in crypto anything is possible, let's never forget that, but we need to know how to calculate probability chances for events that will happen in the future! Many factors can be taken in consideration, the more factors you consider, more likely you will have accurate prediction!

National currencies depreciate, and ordinary assets also become unreliable, and this state of the world economy is already a fact. Based on this, large investors are not only beginning to consider cryptocurrency as an alternative investment, but rating cryptocurrencies are actively buying them. For many investors, the goal is not only to quickly make a profit, but also to preserve their assets, which will directly contribute not to a fall in prices, but to the growth of cryptocurrencies and the entire cryptocurrency market, since no one will allow themselves to provoke massive sales to their detriment.